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France gives social media 1 hour to delete the worst illegal content

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France followed in Germany's footsteps by passing a law Wednesday to slap huge fines on social media companies that  don't remove illegal or harmful content within an hour of notification.

The new rules, which go into effect July 1, mean that companies must remove the most problematic content -- child abuse and terrorism-related content -- within 60 minutes. For hate speech and other harmful content, the companies will get 24 hours to pull down the content.

Failing to comply with the law can lead to fines of up 1.25 million euros ($1.36 million), or up to 4% of their global revenue for serious, repeat offenders.


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